Binance stated that it will continue to operate in compliance with regulations in Europe, awaiting clarification of the MiCA authorization path.

CoinFeed reported on June 16 that as the transition period for the EU's Crypto Asset Market Regulation Act (MiCA) nears its end, Binance stated it will continue to serve European users and is committed to operating within the framework of applicable laws. Binance stated that it has been "constructively cooperating" with regulators over the past 18 months, and its MiCA license application in Greece has reportedly passed local regulatory review and been submitted to ESMA for assessment. Binance emphasized that MiCA aims to establish unified rules for digital assets in the EU, and any delays or distortions in the licensing process could weaken market liquidity and competition. It will provide users with further updates on the next steps and alternative options by June 30.